Wednesday, March 13, 2013

EUR/USD March 13 – Under Pressure as ECB Official Hints at Rate Cut

EUR/USD is showing some volatility in Wednesday’s European session. The pair has moved lower after a senior member of the ECB hinted that an interest rate cut could be in the cards. In today’s economic releases, French data disappointed, as Final Non-Farm Payrolls and CPI fell below market expectations. The markets will be keeping a close eye on Eurozone Industrial Production.
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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